🌊Big Island, HPP Seller Financing 4% NEW BUILD IN Keaau HI🏝️ Cashflows as LTR

Hawaii County, Keaau, HI, 96749
Sold
Listed at: September 16th, 2024
Price
$630,000
ARV
$650,000
Gross Margin
$20,000
Sq. Footage
1596
Type
Single-Family
Parking
Attached Garage
Year build
2019
Lot size
1.00 acres
Bedrooms
4
Bathrooms
2
Half Bathrooms
0
Summary

πŸ’° Purchase Price: 545,000

πŸ’΅ Total Entry: 85,000 + Closing costs + TC

🏑 Monthly Payment: 1,616 NO HOA

πŸ›οΈ 4 Bedrooms

πŸ› 2 Bathrooms

πŸ“ 1,596 Sqft

πŸš— 2 Door Garage with long driveway

πŸ’° Mortgage Balance: 545,000 @ 4% interest only

7 year Balloon

🏑Monthly Expenses:

PITI: 1,616

Insurance 200-300 depending on if you want hurricane insurance

πŸ’΅Revenue Stream:

Rent: (LTR) 2,225-3500 with current other listings rented in the same area

MTR 3000-5000

We have an STR that just opened up the street getting about 6k in the off-season right now

Link to our Airbnb: https://www.airbnb.com/rooms/1216945630998048387?photo_id=1987024186&source_impression_id=p3_1726530558_P34dS17dI1jCV_CT

πŸ“ˆInvestor's Advantage:

πŸš– 25 minutes to Volcano National Park πŸŒ„

β›±5 min bike to the beach 🌊

This area is starting to get developed and home values are growing.

This is one of the few LTR with cash flows you will find on the Island.

 

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

John Her

β˜…β˜…β˜…β˜…β˜…
β˜…β˜…β˜…β˜…β˜…
No reviews

Disposition manager